Ethereum Price Prediction for 2020
Ethereum ETH Price has been predicted by many enthusiasts and experts across the world. We have done a thorough research and collated all the critical topics relating to the Ethereum price prediction. As the Cryptomarket is volatile, the ETH price might vary in the near future.
With the Cryptomarket being so volatile and the sudden downfall of ether, predicting the price of the cryptocurrencies is not an easy task.
Let’s consider the eminent publications and personalities, and their statement regarding the Ethereum price speculation.
As per a PriReis analyst on TradingView, Ethereum might reach 320 USD by the end of 2020, and believes it to be a realistic target for the cryptocurrency.
Forex trader, TieuLong FX suggests that Ethereum ETH has the potential to grow and can reach as much as $1,365 by 2021.
The deVere Group, one of the leading International Financial consulting firms' CEO Nigel Green, predicted that Ethereum ETH's price would reach more than $2500 by 2020. He stated three reasons for Ethereum price increase- more platforms used for trading and more demand for digital currencies, increased use of smart contracts and the decentralization of cloud computing.
According to the website, Trading Beasts, the price of Ethereum might reach $908 by the end of 2020, the average price might revolve around $650. That was a very conservative, yet realistic price prediction for Ethereum.
The founder of Ark Capital LLC, Brian Schuster made a very bullish and optimistic prediction. He believes that Ethereum may reach $100,000 in another 5 years or so, and will eventually replace gold with crypto.
As per CoinKir, a crypto prediction site, Ethereum might reach as much as $1,455 by the end of 2020. They even predicted that ETH will touch the $1,000 by May 2020.
2020 will prove to be the most remarkable year for Ethereum and other cryptocurrencies as well. dApps will see a huge adoption in this year. In the first quarter, the highest can be $1100, the minimum being $929 in January. The second quarter can revolve around the $1600 mark. But after that, it again starts declining to the line around $1550.
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